[单选题]

An analyst collects the following spot rates, stated as annual BEYs:
·6-month spot rate = 6%.
·12-month spot rate = 6.5%.
·18-month spot rate = 7%.
·24-month spot rate = 7.5%.
Given only this information, the price of a 2-year, semiannual-pay, 10% coupon bond with a face value of $1,000 is closest to:

A.$918.30.

B.$1,000.00.

C.$1,046.77.

参考答案与解析:

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